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Trillion-dollar losses projected if a medium-sized comet or asteroid strikes Manhattan.

While insurers wait and see what Washington does regarding the proposal to create a systemic risk regulator, experts say firms need greater transparency into decision-making process and an enterprisewide view of their risk.

Saybrus Partners Inc., a wholly owned subsidiary of Phoenix Holding Company, will provide exclusive assisted sales support, directly representing third-party manufacturers.

Arbella Insurance Group upgraded, MassMutual downgraded and Pacific Life’s mortgage-backed securities ratings affirmed. Find out other actions from A.M. Best, Fitch and Moody’s.

A new report says substantial capital outlay will be necessary to fund health care co-ops or a public plan.

S&P places CMG Mortgage Insurance Co., not CMG Mortgage, on CreditWatch.

Young graduates seem uninterested in computer science, but some say the real problem is that U.S. companies are opting for cheaper foreign labor in their enterprises. The result is a lack of demand for more highly paid American IT workers.

Bolstering its ranks with experts from within insurance companies, Novarica announces Martina Conlon, previous senior manager at Arbella Insurance, will join the research and advisory firm.

The company has decided not to sell AIG Star Life Insurance Co. and AIG Edison Life Insurance Co., but the future of Alico Japan remains to be seen.

The reciprocal insurance provider will use Maximum Processing’s Web-based, policy, billing, claims and reinsurance insurance administration system.

The carrier’s establishment of a Risk Engineering Unit and new global energy team will service global energy property/casualty customers in North America.

Congress grants the national flood insurance program another reprieve.

Nasdaq, Carpenter Moore’s parent company, and Aon signed a five-year exclusive marketing agreement under which Aon will provide liability insurance outreach and support for Nasdaq issuers and prospective issuers.

Prudential says that while the individual products aren't new, the packaging of quality components is what matters, and hopefully will attract customers.

MassMutual Retirement Services September sales totaled $979.2 million.

BERKSHIRE HOMESTATE LIVE WITH POLICY ADMINISTRATION

COMPLIANCE AND FRAUD SCREENING TECHNOLOGY

Insurers that do not map a comprehensive strategy will be at a competitive disadvantage.

Key processes and underlying technologies enable the insurance industry's drive for enterprise risk management.

Insurance.com's strategic use of continuous monitoring is improving the precision and efficiency of call center decisions.